Indonesia: Construction firm PP Presisi opens book-building for $172m IPO

Indonesia: Construction firm PP Presisi opens book-building for $172m IPO

PP Presisi, a unit of Indonesian state-owned construction firm Pembangunan Perumahan (PP), has launched the bookbuilding process for its initial public offering in a move to raise IDR 2.3 trillion ($172 million) of fresh funds, Global Capital reported.

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